"During the quarter, the Company generated $126 million of cash flow from operations, which after $62 million of capital expenditures resulted in $65 million of free cash flow," said Gavin Isaacs, President and Chief Executive Officer. "While our operating results still require further improvement to achieve the level of performance we expect, we believe we are making solid progress in utilization of working capital, implementation of WMS-related integration initiatives, strengthening the organization-wide focus on disciplined cost management and directing capital allocation only toward our highest-return opportunities."
“Tennessee Promise is being met with remarkable enthusiasm all across the state,” said Rebecca Hargrove, President and CEO of the Tennessee Lottery. “Here at the Lottery, we’re proud of our role in generating funds to support this program and stand ready to do all that we can to encourage and promote access to higher education in Tennessee, including giving our time and effort to serve as mentors.”
“The agreement with NineMSN will drive significant amounts of new customer traffic to the co-branded website and the seamless setup will ensure maximum conversion rates”, said Mr Mike Veverka, CEO and Founder of Jumbo Interactive Limited.“The customer account database on OzLotteries.com grew 10% to 1.72 million accounts last year and this new agreement with NineMSN will help us continue this growth”, he said.
“Now in its fifth season, The Walking Dead is by far one of the most popular and thrilling shows on television. Now fans of the show can try their luck with a fun scratch-off game and chances to win up to $25,000,” said Gardner Gurney, Acting Director of the Division of the Lottery.
“Throughout our nearly 20-year partnership, GTECH and Washington’s Lottery have shared a commitment to the highest quality in every aspect of lottery products and system performance. During that time, we have come to understand the Lottery’s vision and mission for the future. We are prepared to support the Lottery’s growth strategy with a set of innovative solutions that offer the flexibility and the ability to adapt to changes in the industry and the demands of the marketplace, now and over the next decade,” said GTECH Americas’ President and CEO Jaymin B. Patel.
"We are very proud to welcome our new customer Mifal Hapais to the NOVOMATIC Group. It is a positive proof of the market's need for more competition amongst the top tier providers, in order to bring innovation and value to this growing market", said Thomas Graf, CTO of NOVOMATIC AG. "We are very pleased to have concluded this contract with NOVOMATIC. Their commitment to us as a client is a lesson in excellent service, and their complete solution is a lesson in innovation. We are looking for- ward to many years of success, which will allow Mifal Hapais to increase the contribution for our good causes", said Eli Dadon, CEO of Mifal Hapais.
“Being recognized for our Global Expansion rewards our efforts to provide state-of-the-art products and services to our customers worldwide and verifies our dedication to excellence and our innovative approach of doing business. Moreover, it inspires us to further expand our global footprint in the five continents and enrich our successful track record”, said George Zenzefilis, INTRALOT Group Chief of Products and Services.
“It’s been an exciting year for the California Lottery, with great new games and promotions and big jackpots,” Acting Lottery Director Paula LaBrie said. “We’re proud of the record-breaking amount of supplemental funds sent to California’s public schools. However, it’s a new year and we plan to work even harder to further our mission of supporting those schools and their students.”
According to a report recently issued by Spain's CODERE Foundation and the  Institute of Policy and Governance of the  Charles III University, nearly half of the country's online poker players currently play their games on illegal sites.  And according to the latest figures released by the DGOJ about the second quarter of 2014, Gross Gaming Revenues fell by 6 percent compared to the same quarter of 2013, while the total number of online poker players fell by 5 percent.
"All of us who work at the Lottery are proud of that. It's why we go to work each day," spokesman John Haggerty said.
The new levy on online transactions will mainly target foreign-based bookmakers that offer remote services to customers based in the country.  Such operators currently benefit from a relatively tax-free regime, which in turn means Ireland misses out on millions of euros worth of tax each year.  Under the new law, remote bookmakers and betting exchanges providing betting services will be required to obtain a licence in Ireland regardless of whether they have a physical presence in the country. Such operators will also be liable to pay tax on betting recently announced it is to introduce a  new gambling law that will require overseas operators to obtain a licence, and pay taxes.







WORLD LOTTERY SUMMIT Photos Rome


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The tipping point has arrived. Regulatory changes, universal consumer adoption of digital communication technologies, and the adoption of multi-channel retailing by lottery operators are transforming the face of the industry. The convergence of social media, internet promotional strategies, and traditional advertising channels is opening up entirely new vistas for Lottery to connect with its customers.

Government Lotteries and their commercial partners have become the market leaders. Instead of responding to change as it occurs in the market-place, Team Lottery is leading the charge with innovative approaches to brand extensions, integrating multi-media strategies for new customer-acquisition and core customer relationship management, aligning game development and marketing strategies with real-world player profiles instead of old-school demographic segmentation, and converting ‘big data’ into better products delivered at the right time, in the right place, to the right consumer. All the pieces are in place for Team Lottery to consolidate its position as the most progressive, exciting, and trusted operator in the games-of-chance industry.

Steve Jobs once said “The only ones crazy enough to think they can change the world are the ones that do”. PGRI Conferences are about giving voice to the ideas that matter most, the ideas that are making an impact, the ideas that may even be changing the world of government-gaming. Join us in New York to be a part of the movement to reinvent Lottery for the modern consumer-driven market-place.

Public Gaming /Paul Jason - pjason@publicgaming.com   / Susan Jason - sjason@publicgaming.com  /Office Phone - + 425-449-3000  
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